Techmeme
May 27, 2020, 1:00 PM

Top News

Bloomberg:
After Twitter adds a label to his misleading tweets, Trump says Republicans will “strongly regulate” social media platforms or “close them down”  —  - Attack comes after Twitter fact-checked, labeled Trump tweet  — Tech companies have faced criticism from conservatives of bias
Elizabeth Dwoskin / Washington Post:
In a first, Twitter adds a “Get the facts” label to two Trump tweets with false claims about mail-in voting, which links to a Twitter Moment refuting his claims  —  The action comes after years of criticism that social media companies have allowed the president to push misinformation unchecked
Ted Johnson / Deadline:
Jefferson Graham / USA Today:
HBO Max launches without being on Roku and Amazon, the two most popular streaming platforms  —  The latest new streaming service HBO Max bowed with unlimited access to every episode of “Friends,” “The Big Bang Theory” and “Game of Thrones.”  But if all you've got is a streaming player from Roku or Amazon, you won't be able to watch.
Ian Allison / CoinDesk:
Coinbase is acquiring Tagomi, a prime brokerage platform specializing in digital asset trading, to bolster its institutional trading business  —  San Francisco-based cryptocurrency exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading.
Wall Street Journal:
Sources: Amazon is in advanced talks to buy self-driving car startup Zoox; the deal will value Zoox at less than the $3.2B valuation it achieved in 2018  —  Deal expected to value Zoox at less than its last private valuation  —  Amazon. com Inc. is in advanced talks to buy Zoox Inc. in a move …
Nick Statt / The Verge:
Amazon sent a script and video to US TV stations promoting its safety measures; at least 11 stations aired some form of it, and 10 didn't divulge the source  —  Numerous news stations ran segments featuring identical Amazon talking points  —  Amazon has been successfully feeding talking points …
Chaim Gartenberg / The Verge:
Samsung unveils Samsung Money, a Samsung Pay-linked debit card program launching later this summer, in partnership with SoFi and Mastercard  —  Launching in partnership with SoFi and Mastercard  —  Samsung has announced further details for its upcoming debit card program …
Ashley Carman / The Verge:
Instagram will start sharing revenue with creators through IGTV ads and badges on Live, splitting 55% of the revenue, starting with 200 partners next week  —  And purchasable Badges in Instagram Live  —  For the first time in its history, Instagram will start sharing revenue with creators through ads …
Nilay Patel / The Verge:
Q&A with Slack CEO Stewart Butterfield on competing with Microsoft, navigating the current surge in demand, and sticking with Electron for Slack's desktop app  —  It's hard to remember what remote work was like before Slack.  The company was founded in 2009, exploded in popularity in 2014 …
Richard Nieva / CNET:
Sundar Pichai told employees Google plans to gradually reopen offices and is targeting July 6, at ~10% building capacity, increasing to ~30% by September  —  Google CEO Sundar Pichai told employees Tuesday that the search giant is targeting July 6 to reopen offices for workers who want to come back.
Bloomberg:
Sources: TikTok parent company ByteDance generated $17B+ in revenue and $3B+ in net profit in 2019, more than double its $7.4B revenue from 2018  —  TikTok parent-company ByteDance Ltd. generated more than $17 billion in revenue and more than $3 billion in net profit last year …
Morris Kiruga / Rest of World:
A look at OKash, a popular microcredit app in Kenya that threatens users to notify everyone on their contact list when they fall behind on loan payments  —  Okash, a popular fintech app in Kenya and Nigeria, threatens users to notify everyone on their contact list when you fall behind on your loan payments.

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